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News
Graph shows road to record high diesel prices during Iran War
1+ week, 1+ day ago (104+ words) Diesel prices have hit a new record high in the U.S. as the ongoing war in Iran continues to strain global energy sources. On Friday, diesel prices hit $5.85 per gallon, according to AAA data. Previously, the record high was $5.82 per gallon…...
US diesel prices hit record high of $5.85 on average as Iran War disrupts flow of fuel
1+ week, 1+ day ago (915+ words) Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time ever as the six-month war with Iran disrupts the world’s flow of fuel. The increases could have political implications,…...
Tariffs on strawberries could increase costs for shoppers
3+ week, 5+ day ago (404+ words) Strawberries offer a taste of summer, even when they are eaten in the dead of winter. But the year-round treat Americans have grown accustomed to could soon get more expensive. The Trump administration is investigating whether Mexican growers are selling…...
President Trump said prices are 'all coming down now.' They’re mostly going up.
1+ mon, 2+ day ago (791+ words) As the midterm elections inch closer, polls frequently show voters expressing greater concern about inflation than any other issue. President Donald Trump said his administration has been doing a good job on that front. “I inherited very, very high costs,…...
Here's how much your Social Security benefit could rise in 2027
1+ mon, 5+ day ago (730+ words) Cost-of-living adjustment, or COLA, is an annual increase in Social Security benefits designed to help recipients keep up with inflation Social Security benefits are projected to increase by as much as 3.8% in 2027, according to initial estimates of advocacy groups. The…...
Federal Reserve to leave key rate unchanged despite high prices — for now
1+ mon, 2+ week ago (222+ words) The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran War. The Fed's rate-setting committee reached the 9-3 decision after two days of deliberations, marking the fifth…...
Manufacturing sector shows mixed results under President Trump’s policies
1+ mon, 2+ week ago (318+ words) President Donald Trump visited Michigan to promote his economic policies less than 100 days from midterm elections. The president's economic agenda is aimed at revitalizing American manufacturing, but federal data shows mixed results in job growth and factory construction spending under…...
US imposing new 25% tariffs on Brazil, citing unfair trade practices
1+ mon, 3+ week ago (321+ words) The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy. The tariffs, which were first proposed last month, will take effect July 22. The order…...
Inflation drops at fastest pace in six years, but experts warn relief may not last
1+ mon, 4+ week ago (308+ words) Inflation fell nearly half a percent in June, driven by cheaper gas prices, but rising oil costs and global tensions could reverse the trend, experts say. Inflation fell nearly half a percent in June, marking the largest monthly drop since…...
Trump says Walmart cut prices at his request, but Walmart statement omits administration's role
2+ mon, 6+ day ago (393+ words) President Donald Trump on Monday sought to take credit for recent price cuts by Walmart, but a statement by the retailer made no mention of the administration's involvement in its decision. The president has faced public backlash over inflation rising…...